Cloud Backup Pricing Guide
Are you planning to backup (protect) and store data and applications from a business's primary server to a secondary or remote server? It is important that you calculate the cost. This cost and pricing guide of ace data Cloud Backup & Recovery solution (Virtual Vault) will help you develop an initial budget and plan for the costs associated with.
Costs of Owning a Cloud Backup: Few Points to Consider
There are few things to consider when researching the cost of owning a cloud backup.
- The data size to be protected.
- The upfront cost of solution.
- The recurring monthly/quarterly cost.
- The hidden service charges associated with usage/recoveries.
First, let's understand the difference between cloud backup service provider and traditional data backup (Local Backup) service and which one will fulfill your needs. Then, we will look at the cost associated with each in detail.
A Comparative Study of Traditional Data Backup Vs Cloud Backup
Traditional Data Backup (Local Backup) Vs Cloud Backup Service Provider Comparison
|Definition||Process of Copying data to an offsite server, typically hosted by a service provider||Process of Copying data to an onsite device, typically tape based hardware|
|Cost||True Return On Investment over a period of time as it includes managed services. Data Lifecycle Management help manage costs as well||Tape/Disk Based Hardwares are expensive and need to be replaced timely|
|Scalability||Auto scalable, unlimited storage space||You need to choose hardware & software licensing cautiously, looking at future business growth etc|
|Accessibility||Easy to Connect anywhere anytime, if you have internet connection||On site, hardwares is easily accessible, except during disasters|
|Security & Compliance||Fully secure as data moves out of your Data Center only after encryption||Local Hardwares are less secured and are more susceptible to cyberattacks|
|Management||Cloud backup service provider takes care of managing data||IT staff manages the local backup|
|Recovery||Recovery from Cloud is easy and smooth, you additionally get the service provider available online to help. Optional local copies help reduce the recovery window.||Recovery from local backups depends upon the level of disaster. In less catastrophic events recovery is quick but if disaster is huge at the primary site, then there is no recovery.|
Questions You Need to Ask Yourself Before Opting for Data Backup
Before you decide on a data backup plan, there are some important questions that need to be answered.
1. Where do I want my files backed up?
2. Consider how often will the process happen?
3. What features matter the most?
4. Consider the cost associated or free options with different levels depending upon your needs
Choose your options wisely!
Important Pointers to Check before Choosing Cloud Backup Service Provider
When you are looking for a company to provide service, there is no one size fits all solution. You need the right fit that will work with your business and meet its needs specifically!
There are plenty of service providers in the market, which makes it quite confusing to choose the correct Cloud backup service provider for your company. So, we suggest you first understand your requirements and then ask the following questions to the service provider before going ahead with the one.
1. Security & Compliance –
- Verify how the cloud backup service provider encrypts data to protect them from any cyber-attack and comply with industry norms. For eg - In the healthcare vertical, the cloud backup service provider must comply with HIPAA.
- Check what kind of security features are included in their control framework.
- Find out how they keep all access to your data secure with cryptography, encryption, and tokenization technologies
- Look at the performance and financial growth of the service provider.
- Is he able to supplement you with customer testimonials and success stories? If No, then surely it’s a red flag.
3. Disaster Recovery –
- Ask your service provider if he provides additional disaster recovery plans? How easily data can be accessed afterward? What data will they back up? How often?
- Are backups tested regularly, and how often?
Cost is one of the crucial factors. Don’t just select the service provider who provides the cheapest service. Look at the application requisites and their pricing collectively.
- What is the basic cost? Is there any trial period? Any hosting cost? Any other hidden or service charges?
- Any Volume discounts.
Having the answers to all of these questions should give you a good idea about what kinds of services are available and which ones would be best for your needs.
Now Coming on to Cloud Backup Pricing
Let us look in detail at how much it costs to go with a cloud backup service provider.
For any cloud-based service, having your data stored remotely is key, as it provides you with access to files from anywhere in the world via an internet connection. This is especially crucial for business organizations that rely on accessible information at all times of day and night. The best solution will offer cloud servers spread across various geographical locations, for redundancy and to ensure accessibility.
Storage space is also crucial, as you don't want to find yourself running out of room for your data. While services differ in their storage limits, the general trend today is unlimited storage space, with companies providing plans starting at $2 -$5 per month.
Because you'll be uploading your data to the cloud storage, it's vital for the service provider to offer fast upload speeds.
As web interfaces are increasingly offering more functionality, having a service that offers a very user-friendly interface is key. Additionally, multiple device compatibility is important. While you can almost always access your files from anywhere in the world through a web browser, it's useful to have ability to upload backup directly from your phone or tablet as well
And finally, pricing plans should be easy on the pocket and ideally offer some free storage space along with no hidden fees.
This chart in detail guides you on the one time and operational cost of cloud service provider cost with local backup
Type of Investment - One Time
|Data Center Infrastructure (Rack, Power, Cooling)|
|Total Equipment Cost (A)|
|Total Software Cost (B)|
|Implementation & Support|
|Backend Support Staff|
|Other Costs (C)|
|Total Opex Costs (A+B+C)|
|Operational Cost per Year|
|Backend Support Staff|
|Power, Cooling & Rack Space|
|Total Operational Cost /year (D)|
|Subtotal||Total Yearly Cost|
|Total Cost of Ownership (5 years)||For First Year|
|For Subsequent Years|
|Total Cost of Ownership|
Benefits of Cloud Backup
- Saves Money & Resources - As your company doesn’t have to buy or maintain software and hardware. Rather, you just have to pay a subscription charge.
- Scalability – You can scale up cloud backup on demand, by just increasing your subscription charge. And there is no need to buy more software or hardware.
- Data Security - Cloud Backup services keep your site, so more secure data especially during cyberattacks.
- Accessible from anywhere – With an internet connection, you are good to retrieve data anywhere, anytime.
- Protection even during a primary disaster – During natural disaster, local backups can get compromised. But cloud backup remains secure and safe.